Paxos unveils acquisition of Membrane Finance

#Paxos acquired #MembraneFinance , an Electronic Money Institution based and licensed in Finland. The Membrane Finance’s Finnish Financial Supervisory Authority license is recognized in 30 European countries. Through the acquisition of Membrane Finance, Paxos aims to expand its services to EU customers seeking the advantages of stablecoins.

Additionally, Paxos plans to align its asset portfolio and tokenization solutions with the requirements of the Markets in Crypto Assets (MiCA) regulations.

👉 membrane.fi/blog/paxos